Horizon Bancorp annual debt-to-equity ratio
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2025
Horizon Bancorp Debt-to-Equity Ratio Growth & History (HBNC)
Horizon Bancorp's debt-to-equity ratio was 0.36 for fiscal 2025.
View full Horizon Bancorp company overviewHorizon Bancorp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.36 | −1.25 | −77.62% |
| 2024 | 2024-12-31 | 1.61 | −0.27 | −14.27% |
| 2023 | 2023-12-31 | 1.88 | 0.20 | +11.56% |
| 2022 | 2022-12-31 | 1.69 | 0.70 | +70.79% |
| 2021 | 2021-12-31 | 0.99 | 0.30 | +43.31% |
| 2020 | 2020-12-31 | 0.69 | −0.15 | −18.18% |
| 2019 | 2019-12-31 | 0.84 | −0.28 | −24.68% |
| 2018 | 2018-12-31 | 1.12 | −0.12 | −9.36% |
| 2017 | 2017-12-31 | 1.23 | 0.45 | +57.28% |
| 2016 | 2016-12-31 | 0.78 | −0.90 | −53.40% |
| 2015 | 2015-12-31 | 1.68 | −0.12 | −6.78% |
| 2014 | 2014-12-31 | 1.81 | −1.31 | −42.02% |
| 2013 | 2013-12-31 | 3.12 | −1.23 | −28.38% |
| 2012 | 2012-12-31 | 4.35 | −1.74 | −28.62% |
| 2011 | 2011-12-31 | 6.09 | 3.77 | +162.43% |
| 2010 | 2010-12-31 | 2.32 | — | — |
Horizon Bancorp quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.31 | −0.93 | −75.10% |
| Q1 2026 | 2026-03-31 | 0.32 | −0.84 | −72.14% |
| Q4 2025 | 2025-12-31 | 0.36 | −1.25 | −77.62% |
| Q3 2025 | 2025-09-30 | 0.37 | −1.30 | −77.68% |
| Q2 2025 | 2025-06-30 | 1.23 | −0.63 | −33.97% |
| Q1 2025 | 2025-03-31 | 1.16 | −0.72 | −38.45% |
| Q4 2024 | 2024-12-31 | 1.61 | −0.27 | −14.27% |
| Q3 2024 | 2024-09-30 | 1.68 | −0.28 | −14.33% |
| Q2 2024 | 2024-06-30 | 1.87 | −0.04 | −2.02% |
| Q1 2024 | 2024-03-31 | 1.88 | 0.02 | +0.91% |
| Q4 2023 | 2023-12-31 | 1.88 | 0.20 | +11.56% |
| Q3 2023 | 2023-09-30 | 1.96 | — | — |
| Q2 2023 | 2023-06-30 | 1.91 | — | — |
| Q1 2023 | 2023-03-31 | 1.87 | — | — |
| Q4 2022 | 2022-12-31 | 1.69 | 0.70 | +70.79% |
| Q4 2021 | 2021-12-31 | 0.99 | 0.30 | +43.31% |
| Q2 2021 | 2021-06-30 | 0.62 | −0.28 | −30.86% |
| Q1 2021 | 2021-03-31 | 0.70 | −0.42 | −37.47% |
| Q4 2020 | 2020-12-31 | 0.69 | −0.15 | −18.18% |
| Q3 2020 | 2020-09-30 | 0.88 | 0.07 | +8.41% |
| Q2 2020 | 2020-06-30 | 0.89 | 0.19 | +27.47% |
| Q1 2020 | 2020-03-31 | 1.12 | 0.36 | +47.65% |
| Q4 2019 | 2019-12-31 | 0.84 | −0.28 | −24.68% |
| Q3 2019 | 2019-09-30 | 0.81 | −0.19 | −19.18% |
| Q2 2019 | 2019-06-30 | 0.70 | −0.41 | −37.12% |
| Q1 2019 | 2019-03-31 | 0.76 | −0.37 | −33.06% |
| Q4 2018 | 2018-12-31 | 1.12 | −0.12 | −9.36% |
| Q3 2018 | 2018-09-30 | 1.00 | −0.17 | −14.40% |
| Q2 2018 | 2018-06-30 | 1.12 | −0.24 | −17.89% |
| Q1 2018 | 2018-03-31 | 1.13 | 0.21 | +23.10% |
| Q4 2017 | 2017-12-31 | 1.23 | 0.45 | +57.28% |
| Q3 2017 | 2017-09-30 | 1.17 | −0.48 | −29.11% |
| Q2 2017 | 2017-06-30 | 1.36 | −0.40 | −22.55% |
| Q1 2017 | 2017-03-31 | 0.92 | −0.73 | −44.26% |
| Q4 2016 | 2016-12-31 | 0.78 | −0.90 | −53.40% |
| Q3 2016 | 2016-09-30 | 1.65 | 0.24 | +16.71% |
| Q2 2016 | 2016-06-30 | 1.75 | −0.15 | −7.97% |
| Q1 2016 | 2016-03-31 | 1.65 | −0.56 | −25.41% |
| Q4 2015 | 2015-12-31 | 1.68 | −0.12 | −6.78% |
| Q3 2015 | 2015-09-30 | 1.41 | −0.43 | −23.44% |
| Q2 2015 | 2015-06-30 | 1.91 | 0.09 | +4.95% |
| Q1 2015 | 2015-03-31 | 2.21 | 0.82 | +58.80% |
| Q4 2014 | 2014-12-31 | 1.81 | −1.31 | −42.02% |
| Q3 2014 | 2014-09-30 | 1.84 | 0.36 | +24.35% |
| Q2 2014 | 2014-06-30 | 1.82 | 0.05 | +2.84% |
| Q1 2014 | 2014-03-31 | 1.39 | 0.10 | +8.00% |
| Q4 2013 | 2013-12-31 | 3.12 | −1.23 | −28.38% |
| Q3 2013 | 2013-09-30 | 1.48 | −0.65 | −30.59% |
| Q2 2013 | 2013-06-30 | 1.77 | −0.84 | −32.14% |
| Q1 2013 | 2013-03-31 | 1.29 | −1.18 | −47.73% |
| Q4 2012 | 2012-12-31 | 4.35 | −1.74 | −28.62% |
| Q3 2012 | 2012-09-30 | 2.14 | −0.69 | −24.52% |
| Q2 2012 | 2012-06-30 | 2.60 | 0.71 | +37.39% |
| Q1 2012 | 2012-03-31 | 2.46 | — | — |
| Q4 2011 | 2011-12-31 | 6.09 | 3.77 | +162.43% |
| Q3 2011 | 2011-09-30 | 2.83 | — | — |
| Q2 2011 | 2011-06-30 | 1.89 | — | — |
| Q4 2010 | 2010-12-31 | 2.32 | — | — |
Horizon Bancorp debt-to-equity ratio trends
Over the last five fiscal years, Horizon Bancorp's debt-to-equity ratio decreased from 0.69 to 0.36, a change of −0.33. The latest reported quarter, Q2 2026, shows 0.31.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Horizon Bancorp source filings ↗